Handout/Athabasca Oil Sands Corp.Athabasca needs a WTI oil price of US$40 to US$60 per barrel to breakeven on its single wells in the region, though the company was transitioning to a different technique to drive down its costs.

CALGARY, ALBERTA--(Marketwired - May 5, 2016) - Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") has decided, in response to the elevated risk from the ongoing regional wildfires, to shut down the Hangingstone Project and ...